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US Coast Guard starts $50 million solar rooftop renovations in Puerto Rico

On any U.S. Coast Guard ship, “PV” refers to a passenger vessel. But now some shore-side personnel are learning a new lexicon, as their bases in Puerto Rico launch a photovoltaic project.

Deutsche Bank praises German PV policy

Deutsche Bank has labeled Germany’s feed-in tariffs (FIT) as ‘Best-in-Class’ while offering comment on balancing policy longevity and supporting investor security.

Schott receives 16 MW Thai order

Schott Solar is delivering 16 megawatts (MW) of photovoltaic modules to Thailand under a new contract with Phoenix Solar Singapore.

Canadian Solar on a Q2 roll

While many photovoltaic module manufacturers are paying the price for 2011’s weak demand, Canadian Solar has been relatively unaffected by the dismal market conditions.

Italy: GSE adjusts PV subsidy register again

The Italian network authority, GSE, has published an updated list of the photovoltaic systems that will receive subsidies this year. Currently more than 2,700 projects are on the waiting list.

Ukraine: First 20 MW phase of PV project completed

Activ Solar has competed the first 20 megawatt (MW) phase of a photovoltaic park in the Ukraine.

China Sunergy secures USD$160 million financing

China Sunergy Co. Ltd has signed financing and credit facilities with the China Development Bank worth USD$160 million.

US: Lease programs expand with new Sungevity and Citigroup fund

Citigroup Inc. announced today that it will create a US$50 million fund with photovoltaic lease provider Sungevity, for installations in eight states. The funds will facilitate residential solar installations in Arizona, California, Colorado, Delaware, Massachusetts, Maryland and New York.

Cautious optimism for Roth & Rau after shaky H1

Both the shaky market conditions and start up difficulties of the company’s antireflective coating equipment (SiNA 2) were attributed to Roth & Rau’s weak start to the year. Looking ahead, the company is unable to provide full year financial guidance.

Jobs to go as Solon shuts Tucson facility down

Germany-based Solon SE has announced the closure of its Tucson module and photovoltaic system manufacturing facility, as part of a new U.S. operations strategy. Sixty jobs will be lost.

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